digital wallets

PayFacs Boost Revenue by Improving Customer Experience
PayFacs Boost Revenue by Improving Customer Experience
November 08, 2023  |  Payment Methods

Payment facilitators (PayFacs) are entities that enable their customers to accept electronic transactions using the payment facilitator’s platform, which has control of the end-to-end transactions....

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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PayPal Teams With eCommerce Platform commercetools to Improve Checkout
PayPal Teams With eCommerce Platform commercetools to Improve Checkout
November 06, 2023  |  eCommerce

Composable commerce platform commercetools announced a collaboration with PayPal to offer a wider range of payment options for customers through the PayPal Braintree payment platform....

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PayFacs Tap Installment Payments to Boost Revenue in 2024
PayFacs Tap Installment Payments to Boost Revenue in 2024
November 06, 2023  |  Digital Payments

Payment facilitators (PayFacs) have become a crucial component of the ever-evolving financial landscape, playing a pivotal role in enabling seamless digital transactions, connecting businesses with...

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Payment Choice Is the Best Feature Merchants Can Offer Consumers
Payment Choice Is the Best Feature Merchants Can Offer Consumers
November 03, 2023  |  Payment Methods

Consumers in different countries go for a diverse mix of shopping features, ranging from coupons and rewards to free shipping, availability of buy now, pay...

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Block Believes That Digital Payments Needs a Decentralized Identity Layer
Block Believes That Digital Payments Needs a Decentralized Identity Layer
November 03, 2023  |  Digital Payments

As the world moves forward, digital identity is becoming a crucial cornerstone of tomorrow’s innovations. This is truer than ever when it comes to the...

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Google Aims to Turn Digital Wallets Into Transit Passes
Google Aims to Turn Digital Wallets Into Transit Passes
October 26, 2023  |  Mobile Wallets

Google will allow commuters in more locations to store transit passes in their digital wallets. The tech giant discussed its progress in marrying the Google...

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YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
October 26, 2023  |  Investments

Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products...

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Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
October 24, 2023  |  Mobile Wallets

The level of satisfaction among consumers using mobile wallets to pay bills is notably high. However, the system is still far from completely reliable, as...

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